Canned fruits and vegetables priced at $20 in 2022 $21.78 in 2024

Canned Fruits And Vegetables Inflation Calculator


Prices for Canned Fruits And Vegetables, 2022-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for canned fruits and vegetables are 8.90% higher in 2024 versus 2022 (a $1.78 difference in value).

Between 2022 and 2024: Canned fruits and vegetables experienced an average inflation rate of 4.36% per year. This rate of change indicates significant inflation. In other words, canned fruits and vegetables costing $20 in the year 2022 would cost $21.78 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.28% during this same period, inflation for canned fruits and vegetables was higher.

In the year 2022: Pricing changed by 13.86%, which is significantly above the average yearly change for canned fruits and vegetables during the 2022-2024 time period. Compared to inflation for all items in 2022 (8%), inflation for canned fruits and vegetables was much higher.

Price Inflation for Canned fruits and vegetables since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (13.86%), 2008 (11.65%), and 2009 (8.55%).

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Buying power of $20.00 since 2022

Below are calculations of equivalent buying power for Canned fruits and vegetables, over time, for $20 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Canned fruits and vegetables:


Adjust canned fruits and vegetables prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2022 * 2022 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Canned fruits and vegetables was 198.996 in the year 2022 and 216.715 in 2024:

216.715 / 198.996 * $20 = $21.78

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2022 has the same "purchasing power" as $21.78 in 2024 (in the CPI category of Canned fruits and vegetables).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Canned fruits and vegetables in 1997. In addition to canned fruits and vegetables, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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